R13-8

The financial impact of the arrangements we have proposed should be reviewed shortly before implementation to consider whether any fine-tuning is required to ensure fairness between the parties. The level of the Labour Party affiliation fee should be suitably constrained until then. This Committee should carry out a further, post-implementation review two years after the new regime comes into force, to assess how well the regime is delivering its objectives in light of the principles set out in Chapter 2, including fairness, and to consider whether any further regulatory changes are required.